Han Jong-Hee dies at 63: A visionary has left the tech sector. Co-founder of Samsung and a driving force behind its international growth, Han Jong-Hee, died of a heart attack at 63. Beyond his inventive achievements, however, many people wonder how wealthy Han Jong-Hee was.
Han was instrumental in Samsung's enormous success as a driving force behind the company's domination in TVs, smartphones, and AI-powered technology. He was wealthy, considering he was the head of a billion-dollar company.
Han Jong-Hee's influence is seen in everything from creating contemporary devices to leaving a legacy in consumer electronics. But how did he get so rich? Let's get started.?
Han Jong-Hee, a well-known businessman from South Korea, made major contributions to Samsung Electronics. Han was born on March 15, 1962, and graduated from Inha University in 1988 with a bachelor's degree in electrical engineering.?
In the same year, he began working at Samsung Electronics, initially in the Visual Display group, where he was instrumental in growing the company's television business. ?
Han held several executive roles during his long career, including Head of the Visual Display Business and Head of the Digital Appliances Business.?He was named Vice Chairman and Co-CEO of Samsung Electronics in 2022, in charge of the company's mobile devices and consumer electronics businesses.?
Samsung could hold onto its position as the world's leading electronics company under his direction.?
Beginning in 1988 as a member of the Development Team in the Video Division, Jong-Hee Han has had a remarkable career at Samsung Electronics, spanning more than thirty years. He rose through the ranks because of his extraordinary talent and commitment.
Due to his quick rise, Han was appointed Head of Development Group 2 in 2009. Two years later, he effectively led the Visual Display Division's Product Development and Planning teams. He became the head of the Visual Display Business Department in 2017.
Han started on a new task in 2022, managing display and DX technologies, before becoming vice chairman and CEO. He currently chairs the Quality Innovation Committee and leads the DX Division and Home Appliance Business.?
As Samsung's CEO, Jong-Hee Han leads the company's AI efforts by encouraging international partnerships, especially with Google. His leadership enhances user experiences throughout Samsung's product ecosystem by prioritizing innovation, sustainability, and moral AI solutions.
Samsung's Global AI Ambitions: Global partnerships drive Samsung's AI plan, particularly with Google. Through this partnership, Samsung can use state-of-the-art technology and develop customized AI solutions for gadgets, improving user experiences and establishing market standards.
AI Strategy: The tech behemoth hopes to have 200 million AI-enabled devices. The company plans to integrate AI into every aspect of consumer electronics, including home appliances and smartphones. By doing this, Samsung hopes to inform consumers about the advantages of artificial intelligence while also making life easier, more efficient, and greener.
Sustainability Focus: Samsung encourages sustainability by including energy-efficient features in its products. For example, SmartThings Energy's AI Energy Mode can cut washing machine energy use by up to 70%. Samsung's initiatives also include AI-powered products like SmartThings Away Mode, which optimizes household energy use.
AI Education: The Samsung Innovation Campus provides a thorough course on artificial intelligence called "Artificial Intelligence ¨C Data as Motivation." Data science tools, machine learning algorithms, AI theory, and practical problem-solving are all included in the curriculum. Participants will receive useful insights from professionals in the field, a Samsung AI credential, and practical skills.
AI Ethics: Samsung Electronics upholds ethical standards for AI development, guaranteeing responsibility, equity, and openness. In addition to encouraging social responsibility, safety, and AI innovation, the company is dedicated to human rights, accessibility, and privacy.
AI-Powered Goods: Under the direction of CEO Jong-Hee Han, the company presented its "AI for All: Everyday, Everywhere" vision at CES 2025 on January 6 in Las Vegas. This exhibition demonstrated Samsung's dedication to ensuring AI is useful and accessible to all.?
As of November 30, 2024, Han's net worth was estimated to be $971,291, according to analyticsinsight.net. The publication adds that his yearly remuneration package was ?6.90 billion (about $4.83 million), based on statistics from simplywall.st.?
According to Samsung Electronics, co-CEO Han Jong-hee died on Tuesday after a heart arrest. Han, 63, passed away in a hospital while undergoing treatment. Samsung hasn't announced a replacement yet.
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